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See how verdicts work2-bedroom flat · NE6 1TW
For saleListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description *** Video tour *** This incredibly spacious two bedroomed second floor apartment offers stunning views over the marina and river beyond.
In good decorative order, the well-kept rooms benefit from gas central heating, double glazing, a modern fitted kitchen and both the main bathroom and ensuite have been upgraded.
The living room/dining room offers an incredibly impressive space for entertaining and relaxing, and features patio doors with balcony.
Externally, there is one private driveway space and a single garage. Viewing is highly recommended. Council tax band D, Energy rating to follow.
Main entrance door to lobby: Inner door to : Hallway: With cloaks cupboard and storage cupboard. Radiator. Living room/dining room: With two radiator, patio doors and balcony.
An amazing room with lovely views. Cannot fail to impress. Breakfasting kitchen: With radiator. Fitted with modern units, integrated oven, combi microwave, hob, oven and extractor.
Plumbed for washer and diswasher. Space for fridge freezer. Bedroom one: With radiator and fitted robes. Stunning marina views. Door to : Ensuite: With bath, wash basin and w.c. Bedroom two: Radiator.
Good sized double bedroom. Bathroom: Radiator. Beautifully re-fitted with white suite. Outside: Driveway for one car and single garage.
Leasehold, service charge, insurance and ground: The property is leasehold with approximately 91 years. The sellers have advised that the following is payable via Kingston Management.
£1470 per annum service charge A separate building insurance of £570 per annum. Ground rent of £35 per annum.
The above figures may vary and should be confirmed by your solicitor prior to exchange of contracts.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 27, St. Peters Wharf, Newcastle upon Tyne
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